A bond that pays interest semiannually has a price of $1,066.57 and a semiannual coupon payment of $27.50. If the par value is $1,000, what is the current yield? a. 2.58%
b. 2.75%
c. 5.16%
d. 5.50%
d. 4.90%

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The answer is an output contract

Answercredited to inventory;